The decision came as the nightclub has been losing money during the slow summer period in Las Vegas, when there are few conventions in town, and in recognition the 18-month-old nightclub needs to be remodeled, Schwartzer said.

“There’s a feeling it was a little too passé,” Schwartzer said of Eve. “We’re working to solve that problem.”

The businesses together employed 128 full and part-time employees and Schwartzer said he didn’t know how many of those people were affected by the closure of the nightclub.

It may cost up to $2 million to remodel the nightclub, and the Las Vegas bankruptcy court would have to approve plans to spend that money.